29375 Hwy 28 S Faraday, Ontario K0L 1C0
$1,499,000
"Bancroft Public Storage Units" This well established, Self Storage Rental Business has been successfully serving the Town of Bancroft & surrounding area for almost 20 years. Ideally situated on Hwy. 28 South for great visibility and access just 5 minutes south of Bancroft. There are a total of 100 Storage Units in 2 buildings with very few vacancies and a waiting list for most units. This business virtually runs Itself. All bookings & payments are conveniently made on line. Visit the website at www.storageinbancoft.com. Projected gross revenue for 2025 is about $137,000.00 plus HST. The NOI (Net Operating Income) is about $107,000.00. Expect a CAP Rate of over 7%. As well as the 100 Units there is a small Office & an Electrical Room, anda large Double Garage currently used by the owners. Garage could easily be converted to 4 additional rental units or rented out 'as-is'. Note: The site is 1.143 Acres & will be fully fenced prior to closing. (id:61423)
Business
| Business Type | Transportation and Warehousing |
| Business Sub Type | Storage/Mini |
| Name | Bancroft Public Storage Units |
Property Details
| MLS® Number | X12247700 |
| Property Type | Business |
| Community Name | Faraday |
| Amenities Near By | Highway |
| Features | Irregular Lot Size |
Building
| Size Interior | 1 Ac |
Land
| Acreage | Yes |
| Land Amenities | Highway |
| Size Depth | 402 Ft ,7 In |
| Size Frontage | 118 Ft ,2 In |
| Size Irregular | 1.143 |
| Size Total | 1.143 Ac |
| Size Total Text | 1.143 Ac |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/28525820/29375-hwy-28-s-faraday-faraday
Interested?
Contact us for more information
Roger Currier
Cell: 705-927-2774
Office: 705-743-7355 Ext.222
Email Roger
Office Address
999 Lansdowne Street W, Unit 2,
Peterborough, Ontario, K9J 8N2
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June 26 2025 11:50:42
Durham Region Association of REALTORS®
RE/MAX Country Classics Ltd.
